Valuechain - Nigeria's foremost Online Energy News Platform

JPMorgan Chase & Co. asked a London court to dismiss a lawsuit brought by the Nigerian government that accuses the bank of failing to prevent $875 million in corrupt payments. The lender said it got the correct approvals from…
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*Demands immediate reversal of power sector privatization, others Ahead of next week Presidential and National Assembly elections, Nigeria Labour Congress, NLC, Tuesday in Abuja, warned the political class planning to sell the…
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...Nigeria Saved From Fake UK Shell Company Investigations have revealed the story behind the issues surrounding the Nigerian Government and a UK-registered shell Company, Process and Industrial Developments Limited (P&ID)…
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The Nigerian Police Force says it will strengthen its collaboration with the Nigerian National Petroleum Corporation to ensure a more effective security surveillance and protection over the nation’s oil pipelines. The Inspector-General…
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The federal government has assured it has no plan or agenda to sell any of the refineries or the Nigerian National Petroleum Corporation (NNPC). It said anybody who has such plan does not have the interest of the workers at heart. …
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...Executive Order 007 gathers momentum Dangote Group, the Nigeria Liquefied Natural Gas Limited (NLNG), and four other companies have joined in on the federal government drive to build infrastructure across Nigeria. The companies,…
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A total of 735 Million Standard Cubic Feet of gas per day (mmscfd) was delivered to gas fired-power plants in November 2018 compared with October 2018 where an average of 627mmscfd was supplied, a release by the Nigerian National Petroleum…
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The Chief Executive Officer (CEO) of Etihad Oilfield Services Abdulrahman Bashir has said that drilling activities that started at the Kolmani River-II Well over the weekend will be completed in about 60 days. Indigenous contractor…
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...Nigeria's budget 2019 gets boost Nigeria’s budget 2019 yesterday got a boost as oil prices surged to a two-month high as ongoing crisis sweeping Venezuela continues to have a huge impact on global commodity markets. Brent crude…
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The Chief Executive Officer, OVH Energy, a licensee of the Oando retail brand, Huub Stokman has advocated for development of Nigeria’s capacity to refine crude locally to engender growth in the nation’s economy. Speaking at the just…
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